The Case for Buildings Reporting Their "MPG", According to The Hill Group
FRANKLIN PARK, Ill., April 8, 2015 /PRNewswire/ -- Without published MPG ratings, it would be very difficult to evaluate how many trips to the gas station would be needed when comparing a Hummer to a Volt. A recent Consumer Report survey found that the number one car buying factor was fuel economy. Consumers place a high value on efficiency and markets outside the automobile industry are taking notice. Commercial real estate is one of these markets.
Buildings that use less energy or have recognized "green certifications" such as LEED and Energy Star are typically valued higher than buildings without – upwards of 20% or more. While pursuing green certification is mostly voluntary, over 20 local governments across the United States, including Chicago, require certain size buildings to track and report their energy consumption and in some cases water too. Many property/facility managers look at the Energy Benchmarking and Disclosure Ordinances as an administrative burden adding to an already full plate. With support from companies like The Hill Group, the process of complying with these ordinances can be painless and worthwhile.
Visibility of building efficiency metrics will help commercial real estate stakeholders make better decisions on improvements to their buildings. Fortunately, building owners unhappy with their current energy efficiency "score" have solid business cases in which to pursue. Utility savings of over 30% annually can be achieved with building optimization processes and efficiency retrofits. The Hill Group provides these types of services including benchmarking compliance, system retrofits, green certifications, retro commissioning and monitoring based commissioning.
Building owners ahead of the curve already know their asset's MPG and are taking action. These early adopters are continually improving their building's performance by making good efficiency investment decisions.
About The Hill Group
The Hill Group is one of the nation's largest and most comprehensive mechanical construction, design, and service companies. For over 78 years, the Hill team has delivered professional client-centered solutions and enhanced facility operations to hundreds of leading corporations and institutions. Hill's broad experience in construction and maintenance of building systems is aligned to provide solutions to complex problems encountered during all phases of a building's life cycle.
Contact:
Marc Pittas
Vice President
11045 Gage Avenue
Franklin Park, IL 60131
847.451.4200
Logo - http://photos.prnewswire.com/prnh/20140206/CG59617LOGO
SOURCE The Hill Group
Share this article